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Marathon Gold Corp T.MOZ

Marathon Gold Corporation is a Canada-based gold exploration and development company. The Company’s primary business focus is the exploration and development of its flagship asset, the wholly owned Valentine Gold Project, located in Newfoundland and Labrador, Canada. The project comprises a series of five mineralized deposits along a 32- kilometer system. Its prospects are located along the Valentine Lake Shear Zone and include Frank Zone, Rainbow Zone, Triangle Zone, Victoria Bridge, Narrows, Victory Southwest, Victory Northeast, and the Berry Zone. In addition to the Valentine Gold Project in the Central Region of Newfoundland and Labrador, the Company holds 100% interests in the Bonanza Mine, a former mine located in Baker County in northeastern Oregon, the Gold Reef property, an exploration property consisting of approximately 12 hectares of claims located near Stewart, British Columbia; and a 2% net smelter returns royalty on precious metal sales by the Golden Chest mine in Idaho.


TSX:MOZ - Post by User

Comment by BGraham2on Sep 14, 2022 9:43am
141 Views
Post# 34961413

RE:Boss speaks at Beaver Creek tomorrow...crickets chirping...

RE:Boss speaks at Beaver Creek tomorrow...crickets chirping...MH sed:  "....you knew a serious dilution was coming, that management mis-managed the build...the only thing worse than being stupid once is doubling down on stupid...."


Concern about financing was expressed here some weeks ago when Moz was in the 1.50 to 1.75 CDN.
Many respondents were like - " Nah, they'll hold on for a better market and would never finance with share price down here"

Here we are with SP down anothe 30 or 40 % from those levels and BOOM a financing.

Curse - ur right all along man - hope u got rid of most of ur shares at your oft quote circa $3.00 sale price.

Timing is everyting, ain't it? Whew!

BG



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